Tag: scrapPriceIncrease
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India: Melting scrap prices increase by INR 200/t d-o-d in Alang, Gujarat
Ship-breaking melting scrap prices in Gujarat’s Alang market rose by INR 200/t d-o-d on 24 Mar’25, as per BigMint’s assessment. HMS (80:20) prices stood at INR 34,500/t ($401/t) exy. The market saw an increase in inquiries for both semi-finished and finished steel in the previous trading session, driving the demand for scrap. Scrap suppliers have…